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Elliott Wave Technical Analysis: Netflix Inc. – Tuesday, Dec. 17

December 17, 2024 - by - Leave a Comment

NFLX Elliott Wave Analysis Trading LoungeNetflix Inc., () Daily ChartNFLX Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Wave 3 of (5).DIRECTION: Upside within wave (5).DETAILS: Looking for upside into wave (5) towards Trading …

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Financial

U.S. Recession Probability Drops Below 50%

December 17, 2024 - by - Leave a Comment

The probability a U.S. recession will someday be determined to have begun between December 2024 and December 2025 has dropped below 50%.This assessment is based on the  developed by Jonathan Wright …

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Financial

So, What Country Wants To Be Like Germany Now?

December 17, 2024 - by - Leave a Comment

Image Source:   The collapse of Germany shocks many. But I have been discussing why this was inevitable for over a decade.Germany Is Unraveling Just When Europe Needs It MostBloomberg reports  …

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Financial

USD/CAD Reaches Multi-Year Highs Near 1.4300 Amid The Canadian Political Crisis

December 17, 2024 - by - Leave a Comment

The US Dollar keeps appreciating against the Canadian Dollar and trades right below 1.4300 for the first time in four years. Concerns about the negative impact of US tariffs on …

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Financial

Broadcom Favors Bullish Sequence Towards $273

December 17, 2024 - by - Leave a Comment

Broadcom Inc., () designs, develops & supplies various semiconductor devices with focus on complex digital & mixed signal complementary metal oxide semiconductor. The company operates in two segments, Semiconductor Solutions …

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Financial

US Dollar Ticks Higher Ahead Of Retail Sales Data As Markets Foresee Shallower Fed Easing Cycle

December 17, 2024 - by - Leave a Comment

The US Dollar edges higher after US preliminary Services PMI data suggested the economy remained strong, boosting the Greenback. Traders gear up for US Retail Sales data as traders increasingly …

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Financial

The Dollar And Domestic – International Relative Stock Returns

December 17, 2024 - by - Leave a Comment

The U.S. dollar index is up over 6% this year, almost all attributable to a post-election surge. As many developed nations show stagnant economic growth or even contraction, the U.S. …

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Financial

The Commodities Feed: European Gas Under Pressure

December 17, 2024 - by - Leave a Comment

Photo by  on   European gas prices came under further pressure as ongoing discussions on Russian gas flows via Ukraine, stronger LNG imports and milder weather forecasts eased any immediate supply concerns. …

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Financial

S&P 500 On Pace For Back-To-Back 20%-Plus Gains

December 17, 2024 - by - Leave a Comment

The S&P 500 is up north of 27 percent year-to-date – the second consecutive year of gains of north of 20 percent. Buybacks and margin debt are cooperating, but several …

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Financial

Bitcoin Hits Record High Against Gold: What It Means For BTC Price?

December 17, 2024 - by - Leave a Comment

Amid its historic price action, Bitcoin (BTC) has quietly hit a new all-time high (ATH) against gold. The insight was highlighted by veteran trader Peter Brandt in an X post. …

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